By Grover Norquist

President Barack Obama and the Democratic Congress enacted $352 billion in net tax hikes. Most were permanent, while most tax cuts were temporary.

There were seven dollars of permanent tax hikes for every dollar of permanent tax cuts.

Gross Tax Cuts Enacted Gross Tax Hikes Enacted
1. S-CHIP (H.R. 2)


No tax relief

S-CHIP Subtotal: $0

2. “Stimulus” (H.R. 1)

Making Work Pay: $79 billion
Education Tax Cuts: $10 billion
First Time Homebuyer: $4.7 billion
Unemployment Exclusion $4.7 billion
Car Sales Tax Deduction $1.7 billion
AMT Patch $69.8 billion
Energy Tax Cuts $20 billion
Business Tax Cuts $6.2 billion
Manufacturing Bonds $1.9 billion
Shovel Ready $19.6 billion

“Stimulus” Subtotal: $217.6 billion
Total “Stimulus” spending: $581 billion

3. Obamacare (H.R. 3590/H.R. 4872)

Exchange Credit: $107 billion
Small Business Credit: $37 billion

Obamacare Subtotal: $144 billion

4. Small Business (H.R. 5297)

Small business expensing: $7.6 billion
Small business tax simplification: $2.4 billion
Other small business tax cuts: $2 billion

Small Business Subtotal: $12 billion
1. S-CHIP (H.R. 2)


Tobacco tax hike: $65.5 billion

S-CHIP Tax Hike Subtotal: $65.5 billion

2. “Stimulus” (H.R. 1)


No tax hikes

“Stimulus” Tax Hike Subtotal: $0

3. Obamacare (H.R. 3590/H.R. 4872)


Individual/Employer Mandate: $65 billion
Cadillac Plan Excise Tax: $32 billion
Interactive Effects: $46 billion
HSA/FSA Taxes: $19.4 billion
Reinsurance/Risk Adj: $106 billion
Small Biz Paperwork Tax: $17.1 billion
Medical Itemized Ded. Tax: $15.2 billion
Medicare/Investment Tax: $210.2 billion
Tanning Salon Tax: $2.7 billion
Excise Taxes and Fees: $112.6 billion
Economic Substance/Misc. $26 billion

Obamacare Tax Hike Subtotal: $652.2 billion

4. Small Business (H.R. 5297)


Homeowner Paperwork Tax: $2.5 billion
“Tax Gap”: $5.5 billion
*N.B. some other “tax hikes” were accidental effects of long-term tax relief and not scored

Small Business Tax Hike Subtotal: $8 billion

Total Gross Tax Cuts: $373.6 billion
(only $107.6 of this amount is permanent)
Total Gross Tax Hikes: $725.7 billion
(the full amount — $725.7 billion, is permanent)

Total Net Tax Hikes This Congress: $352 Billion

Views: 31

Reply to This

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Burbia commented on Ragnarok's video
Thumbnail

Charles Manson Talks About The Global Elite

"Another group of people that get disregarded are the the Process Church.  Deaths and strange…"
43 minutes ago
Sandy posted a video

Captain fantastic scene (Bill of rights)

Scene from the movie "Captain fantastic"Uploader does not claim ownership of any of the footage used in this video. All credit goes to the respective owners ...
19 hours ago
tjdavis posted photos
yesterday
tjdavis posted a video

The UK Has Just Reached It's Boiling Point - Ricky Gervais

Ricky Gervais - Frustration still there a year on.Nicholaswatt reports what he has been told by a parliamentary veteran, who warns: "'My constituents feel th...
yesterday
Doc Vega posted a blog post

Terrorized on a 3 Day Weekend

 We had a holiday weekend coming up. My ex, whom I was sharing custody with was off for her…See More
yesterday
Sandy posted videos
Thursday
Sandy replied to Sandy's discussion Sick sci-fi sex fantasy written by Epstein's first benefactor people say inspired his twisted island... before author's SON ended up arresting him
"Interesting. I always thought he was still alive. Probably given some plastic surgery and a witness…"
Thursday
WIllow is now a member of 12160 Social Network
Thursday
Burbia commented on Less Prone's video
Thumbnail

Sydney Sweeney Has Great Jeans - Outrage AI Parody Song

"Props to Schottenstein on his foray out of the woods that was DEI and wokeness. "
Thursday
Burbia replied to Sandy's discussion Sick sci-fi sex fantasy written by Epstein's first benefactor people say inspired his twisted island... before author's SON ended up arresting him
"One of the theories floating around was Hilary Clinton's brother Hugh, was the one…"
Thursday
Sandy posted a discussion
Thursday
Doc Vega posted blog posts
Wednesday
Less Prone favorited Sandy's video
Wednesday
Less Prone favorited tjdavis's video
Wednesday
Less Prone posted a video

Sydney Sweeney Has Great Jeans - Outrage AI Parody Song

AI Parody Music Video poking fun at the online hysteria surrounding Sydney Sweeney's American Eagle jeans campaign.✅ Blue jeans✅ Blonde panic✅ DEI gone wild✅...
Wednesday
tjdavis posted a video

How "Free" P*rn Sites Really Work (and Who Runs Them)

Excerpt from This Past Weekend w/ Theo Von #559 Laila MickelwaitFull Episode: https://youtu.be/9J7187j4PO4?si=2GUNymssKJpe6nEvFind Theo Von:Website: https://...
Wednesday
tjdavis posted a blog post
Wednesday
Doc Vega posted blog posts
Tuesday
Doc Vega commented on Ragnarok's video
Thumbnail

Charles Manson Talks About The Global Elite

"I've had my account with YouTube terminated before over bullshit excuses because they…"
Tuesday
Doc Vega commented on Ragnarok's video
Thumbnail

Charles Manson Talks About The Global Elite

"Remember, though he makes his points, this man used the Beatles White Album as his own manifesto of…"
Tuesday

© 2025   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted